Extending Advance Ruling of Resident Pvt. ltd. Co.

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....xtending Advance Ruling of Resident Pvt. ltd. Co.<br> Query (Issue) Started By: - RAM SHARMA Dated:- 15-7-2014 Last Reply Date:- 18-7-2014 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Exper....

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....ts,What will be the benefit of recently announced advance ruling in financial budget 2015-16. Please explain excise, service tax and custom point of view.Thanks Reply By Madhukar N Hiregange: The Repl....

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....y: Eralie ronly foreign entities were alolowed to approach the advance ruling authority. Now if a pvt lts co wishes to have certainty on the rate applicablethey may apply. However it maybe noted tha....

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....t once the decision is given then rightly or wrongly the same would be binding on the party seeking advance ruling. At times it has been seen that the advance ruling is done with revenue bias at times....

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